Trade Stock Indices

Best Platform Indices

The Best Trading Software is the MT4 platform. This is one of the most regular software which is used by roughly almost every other trader as well as by just about nearly almost every online broker.

In this guide we shall explain the MetaTrader 4 Interface so that beginner traders who want to start learning this Best Platform Indices, can then start from the guide.

Best Index Software - Best Stock Platform for Stock Indices

Best Platform Indices - MT4 Workspace

From out of the above screen shot of the trading platform software there are several tool bars & also various different chart windows.

You can download this Best Platform Indices from your online broker's website. Now after you download the software, then you'll need to learn one or two things about this software platform:

First thing is how to setup this platform after you download. For example if you download the MetaTrader 4 software, you will need to go to a online broker first, register for a demo practice trade account then after you sign up for a practice trading account you'll be provided with a link where to download MetaTrader 4 Software Platform.

Once you download this software, assuming you do not know much about computers, Launch your Browser >>> Go to tools on the top-left corner of your browser just next to 'file', 'edit', 'view' and click on tools, select download folder place, (shortcut: once you as a stock index trader launch your web browser click on CTRL+J or CTRL+ Y), a download pop-up will pop up with links to downloaded items. Select MetaTrader 4 software that you as a trader have just downloaded.

Installing MetaTrader 4 Software Platform

To setup this software platform after you have downloaded, launch the downloaded item from where you have downloaded, from there an installation pop-up wizard pops up & all you've to do is to follow the setup guideline steps. After set-up the trading software will run automatically like just any other computer software. Read tutorial How to install MetaTrader 4. This platform is easy to setup & this is another reason why this software is the Best Platform Indices.

You can open MT4 from the begin menu>>> Programs or from desktop shortcut that appears as a desktop icon marked MetaTrader 4 after setup.

Demo Account Registering and Log-in

To open an account in MT4 just click on 'file' & then on open an account, to sign in to a trading account just click on 'file' at the top right corner and click sign in from the drop down menu that pops.

Once you as a trader login to the MT4 you'll get access to charts & other trading analysis tools like indicators that you'll then use to place trade positions within the market while connected to your online broker's servers.

Stock Index Software Platform Menu Bar & Tool Bars

Best Platform for Index

Menu Bar on MT4 for Navigating within the Platform - Best software

Menu bar is used to operate & navigate this software from one panel. From this panel you as a trader can set how to view tool bars, chart, data window & even use the file tab to open a account - and also login to your trading account. This menu bar makes this platform easy to operate and this also is why this is Best Trade Platform for beginner traders.

From menu bar you as a trader can click the view tab and select chart tool bars like in the above screenshot, these menu bars can be used to set-up charts, indicators, time-frames, and others things like drawing trendlines & Fib retracement zones & Fib expansion levels. To learn and know how to customize the software navigate to the MT4 Tutorial Section.

Now that we have looked at the tool bar & menu bar, we will look at the main work-space interface of the Meta Trader 4 software.

Best Platform for Indices

Best Platform Index - MT4 Best Platform Indices

Market Watch panel - This window is used to display a streaming list of exchange rates that's gotten from your broker. In this market watch window panel you as a trader can right click anywhere on this panel to choose show all trading financial instruments or hide the ones you are not interested in & save some band-width at the same time. No need to have prices for 50 trading instruments if you're only interested in 4 instruments. This make this platform easy to use with any internet connectivity another reason why this is the Best Platform Indices.

Data Window Interface - Used to set-up Stock Trading Indicators, EAs & scripts, you as a trader can click any of this menu sub items & expand/collapse the indicators or Expert-Advisors used for automated trading.

Charts Panel - This is where the price moves will be drawn.

Charts Tab - Navigation from one instrument to the other is easy, just flip through the charts tab just as illustrated above.

Terminal Window - This window is used to show and display a statement of your trades, profits and loses that you have made in your live account or demo trade account. To enlarge this window and view open trades, just hover the mouse on terminal panel tool-bar until the cursor pointer changes, click and hold down mouse button and then move cursor pointer upward.

Connection bars - These are used to illustrate the connection to the net, red bars mean no net connection, green bars show that there's online internet connection.

Exchange Rates Graph - this shows the exchange rates for stock indices that you are trading so as to display if the exchange rate is going upward or downward.

Advantages of MT4

In the online trading market there are many platforms available on the internet. But among the top trading platformsplatforms the Best Trade Platform is the MetaTrader 4 Stock Software, it's the best trading platform because of following grounds:

Low Band-width Connection Requirement

Not everyone can afford to pay for the best internet connection, the T1, the satellite, ADSL or Fiber internet connection: furthermore, these aren't freely available to some residential areas and may be limited to the commercial/office buildings. This is why it is best to choose a platform which requires the minimum bandwidth, MT4 platform software. Even with the best connection, sometimes the connection may not be available & you might need to use an alternative connection such as a modem. MetaTrader 4 is the least expensive if you are on a modem. To even reduce further the internet band-width usage go to marketwatch (Short Cut Key press CTRL+M), RightClick on any trading instrument, Select 'Hide all', now the software only will stream the price quotes for pairs which you only need & save your internet band-width even further. Especially when using a phone or i Pad or Tablet where you are paying for data plan credit this can save your internet credit. This is one of the reason why MetaTrader 4 is regarded as one of the Best Trading Software online.

The easier it is to connect the easier it's open & close out trade positions on time.

Provided by all Brokers

Another reason why this software is considered as one of the Best Platform is because MetaTrader 4 is liked by most traders all brokers provide it. Once as a indices trader learns the MT4 there is no need for you to re-learn afresh a new trading software platform when you switch to another broker. You can still use same MetaTrader 4 software of the new online broker without the need to learn afresh a new trading platform software all over again.

Easy Technical Analysis

The other thing that makes this the Best Platform is the ease with which you as a trader can set-up the technical analysis indicators on the trading charts. Even those using various web traders will do their trading analysis in MT4 chart & then place their trade orders on their webtrader.

Technical analysis traders also can set-up custom trading indicators on this software platform, making it easier to add more technical analysis tools on to this platform. Others also install Automated Expert Advisors on this software so that to trade mechanically with these programs known as automated Expert Advisor Bots.

Best Charts

The MetaTrader 4 has the Best Trade Platform charts representations available & implements many chart timeframes from which a can choose.

Simplicity

Overall the simplicity of this software & the fact that any investor can learn how to use MetaTrader 4 within one hour makes this the Best Platform for new and experienced stock traders.

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